Website: http://MrEnergyCzar.com Getting out of debt is one way to prepare for Peak Oil.

Loans are given out because it is assumed that future growth and rising incomes will be able to pay back the interest and loan balance. Peak Oil and the end of growth may cause the lending of money to stop.

Twitter: https://Twitter.com/MrEnergyCzar

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One Comment

  1. In Europe gas is already 8 USD per gallon or above. Still no reason to take the train. It will need 20 or more USD per gallon for me to even consider taking the train.

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